A bipartisan compromise to overhaul Medicare bucks the popular impression that Washington can't accomplish anything at all.» Read More
Representative Anthony D. Weiner has told friends that he plans to resign his seat after coming under growing pressure from his Democratic colleagues to leave the House in the wake of revelations of his lewd online exchanges with women, said a person told of Mr. Weiner’s plans, the New York Times reports.
House Majority Leader Eric Cantor said there may be hope Democrats and Republicans can come up with a deficit-reduction plan after hearing Minority Leader Nancy Pelosi say everything is on the table.
Everything must be on the table as the U.S. Congress works to cut the deficit, including Medicare, Social Security and entitlements
As the US is expected to reach the legal limit on its debt later today, Rep. Nancy Pelosi shares her thoughts with CNBC's Larry Kudlow.